Petsmart 2008 Annual Report Download - page 73

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Activity in all of our stock option plans is as follows (in thousands, except per share data):
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual Term
Aggregate
Intrinsic Value
2006 (52 weeks)
Outstanding at beginning of year .... 8,784 $15.27
Granted ....................... 1,014 $24.33
Exercised...................... (1,919) $12.36 $ 31,061
Forfeited/cancelled ............... (552) $25.19
Outstanding at end of year ......... 7,327 $16.54 5.45 $101,603
Vested and expected to vest at end of
year ........................ 7,024 $16.15 5.39 $100,180
Exercisable at end of year ......... 5,354 $13.21 4.93 $ 92,051
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual Term
Aggregate
Intrinsic Value
2007 (53 weeks)
Outstanding at beginning of year .... 7,327 $16.54
Granted ....................... 993 $31.38
Exercised...................... (1,665) $14.23 $30,623
Forfeited/cancelled ............... (333) $23.91
Outstanding at end of year ......... 6,322 $19.10 4.80 $42,282
Vested and expected to vest at end of
year ........................ 5,674 $18.02 4.68 $42,268
Exercisable at end of year ......... 4,613 $15.53 4.41 $42,250
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Contractual Term
Aggregate
Intrinsic Value
2008 (52 weeks)
Outstanding at beginning of year ..... 6,322 $19.10
Granted ....................... 1,816 $19.10
Exercised ...................... (755) $10.42 $28,316
Forfeited/cancelled ............... (303) $25.12
Outstanding at end of year ......... 7,080 $19.77 4.56 $19,736
Vested and expected to vest at end of
year ........................ 6,367 $19.35 4.45 $19,732
Exercisable at end of year .......... 4,238 $17.60 3.84 $19,719
Restricted Stock
We may grant restricted stock under the 2006 Equity Incentive Plan. Under the terms of the plan, employees
may be awarded shares of our common stock, subject to approval by the Board of Directors. The employee may be
F-25
PetSmart, Inc. and Subsidiaries
Notes to Consolidated Financial Statements — (Continued)